The Apple car rumours are heating up again. Apple Inc. has held a meeting with Hyundai Motors and KIA motors about building an electric vehicle, fully automatic and to take over the Tesla, though the discussion was paused recently. Apple shares rose more than 2% after this news.
But the spokesperson of both companies had declined to comment on this.
Apple had started its secret project, Titan, in 2014 to create an Apple Car. But later they sought out partnerships with the companies who made parts.
Apple has also been talking to other auto manufacturers about this plan. But they want it to remain private. But this secret project has ramped up in recent months and Apple is likely to close the deal with Kia.
Apple car will go for production in about 2024 if everything works fine. But no agreements are done yet and some are saying that talks have paused recently.
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